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It's time to add some yogurt to your portfolio with Groupe Danone(DA Quote), Jim Cramer told viewers of his "Mad Money" TV show Tuesday, citing an article in USA Today that says we're in the middle of a yogurt-eating renaissance. The newspaper reported that 20 years ago 9.6% of consumers ate yogurt weekly, and now more than 20% eat it at least once a week, Cramer said. The French company, which also owns Evian and is known as Dannon in the U.S, has seen its dairy-segment growth jump in the U.S. over the last nine months, he added. "Forget Botox," Cramer said. "People are going to eat yogurt as they age to stay healthy." Anticipating the health appeal of yogurt, he said that Danone is coming up with new brands to target baby boomers who want to eat it for health benefits. He told a caller that even though Martek Biosciences(MATK Quote) produces the omega-3 acids that are added to foods including yogurt, the company has been a poor performer. Cramer said he would stay away from Martek.
A viewer whose daughter is allergic to yogurt wanted to know about the soy yogurt market. Cramer said that play would be Dean Foods(DF Quote).
He said he likes Dean Foods, but not as much as Danone, which just had a big move upward.
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